(Livermore studied his mistakes objectively..."
the only way you get a real education in the market is to invest cash ,track your trade,and study your mistakes...It is emotionally difficult to review your mistakes,since the speculator must wade through his own bad trades and blunders.And these are not simple blunders;these are blunders that cost money.Anyone who has lost money by investing poorly knows how difficult it is to reexamine what occurred.
The examination of a losing trade is tortuous but necessary to ensure that it will not happen again.") Jesse Livermore